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<br />. ~ ~~ 53-Ai REAL ESTATE 1NORTGA3E-With Tax P,lause (Revised 1962)
<br />The HuHmen Gen¢ro! Suvvly F?wee, Lincoln, Nebr.
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<br />KNOW ALL MEN BY THESE PRESENTS: THAT 3ames S. Reed and Precious Reed, husband and
<br />wife; and James D. Roth and Donna F. Roth, husband and wife
<br />of Hall County, and State of Nebraska irl cansideratior. of the sum of
<br />Thirty thousand and no/100-------------------------------($30,000,(30}----------71(5LL4RS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company, Grand
<br />island, Nebraska
<br />(Mo-rtgagee ) -
<br />of Hall County, and SGtte of Nebraska the folkawing described premises
<br />viiuated in Hall County, and State of Nebraska ta.wit;
<br />Lot Twenty-five (25}, Potash Subdivision, Hall County, Nebraska.
<br />Zn the event the title to said real estate is transferred, or contracted to be trans-
<br />ferred, from the undersigned for any reason or by any method whatsoever, the entire
<br />principal sum and accured interest shall at once become due and payable at the election
<br />of the holder hereof. Failure to exercise this option because of transfer of title
<br />as above stated in one instance shall not constitute a waiver of the right to exercise
<br />the same in the event of any subsequent transfer.
<br />The intention being to rnnvey hereby an absolute fide in fee simple including all the righfs of homestead and dower.
<br />T(: HAVE AND TO HOLD the premises alwve described, with alt the appurtenances thereunto belonging unto the
<br />said mortgagee and to Its heirs and assigns, forever, provided always, and these presents are upon ttie express
<br />condition that if the aforesaid mortgagors their heirs, executors, administrators ar assigns shall pay or cause to be
<br />paid to the said wort, ogee its heirs, executors, administrators or assigns, the sum of Thirty thousand and
<br />no/100--------------------------°------ ($ 3 0 , 000.00) -------------Dollars, Payable ae follows, to-wik
<br />Entire principal and accrued Dollars on the day of , '9
<br />interest due and payable Dotlars on the 17th day of October 1979
<br />- - Dollars on the day of 19
<br />Dollars on the day of 19
<br />Dollars on the day of 19
<br />with interest thereon at 13.0 per cent per annum, payable 10/17/79 9 all according to the tenor and effect of
<br />a.certain promissory mote of said James- S. Reed a.~td Precious Reed, husband and wife; and James D.
<br />Roth and Donna F. Roth, husba.-td and wife
<br />bearing eves date with these presents, and shall pay aft taxes and assessments levied upon said real estate, and all other fazes,
<br />.levies s~ assessments levied upon this mortgage or the note which this mortgage is given to secu:'e, before the same becomes
<br />delinquent, and keep the buildings on said premises insured for the sum of $ N/A !osa, it any, payable to
<br />the said mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (t} That if the said mortgagor shat! fail is pay such fazes or procttre such insura_xe, the
<br />said zaorigasee may pay such taxes and procstre such insurance; and the sum so advanced, with interest at 13.0 per cent
<br />shall be paid by said mortgagor. and this mortgage shall stand as security for the same. (2) That a failure to pay say of acid
<br />mommy, either principal or interest when the same becomes due, or a failare to comply with any of the foregoing agreements,
<br />shall reuse the whote sum of money herein secured to become due and edlectible at once e2 the option of the mortgagee.
<br />Signed this i9th day of June 19 79~.
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<br />' $TA2~ K?F`__._..IQelardsk8.... ....._..:.-..._. County of._..----il~4.lb__.._....----.-.-....----.c
<br />He€om me; s-notary public qualified fps said county, personally came 3ames S. Reed and Precious Reed,
<br />#~band a~ wife; and James D, Rath and Donna F. Roth, husband and wife
<br />- lm~rrt ` - me to ~ ~atical pg ssan ar persoug who signed the foregoing inatnunent and aclmowiedged the e:ecutioa
<br />Ste be ~1!walt&tlary ad and deed.
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<br />ezpi :. '..triad _... 19. ~f. .....,talc..~~i~..,,.4:.:<5,..:~~r,:<:~c/.-......Notary Public.
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<br />t13'11TE Q~...--._....-•-.----...--.-°-.-^-.-.-........ ---'-- Entered oa numericat index and tiled for record
<br />'{,~~ ; ~ izt the Register of Deeds Office of said County the
<br />:.__.__...._.....day of....__._..._......__..____..__._... 1Q_.___..., ak...._......_ .:...............o'dock and..-..........-.._._.-......minutes ._..--.._..-.._~':M.,
<br />and racerded in B~ok..._._.___..._.._.______._of...........-......._,.._......_.....at page....._.._...._ ..............._.-.........
<br />._...._.._-._.._........_ .................................._..__.........Reg. of Deeds
<br />By .............. _............. -.... _....... _. _. _....... - - - _...... _.............-.Deputy
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